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THE founder of China’s debt-laden LeEco resigned as chairman of its main listed unit yesterday Hakeem Butler Womens Jersey , just hours after making a public plea for patience amid a deepening financial crisis at the entertainment, electronics and electric vehicles group.


Leshi Internet Information & Technology Corp Beijing said Jia Yueting will remain controlling shareholder without any role, having resigned as chief executive in May to focus on the electric car business, of which he will now become chairman.


The announcement came after Jia on social media promised to repay debt and reaffirmed LeEco’s electric car commitment.


“Please give LeEco some time, please give LeEco car some time Zach Allen Womens Jersey ,” Jia wrote in Chinese on his Weibo and WeChat accounts. “We will pay back creditors, suppliers and any other debts.”


The plea came about a month after Jia said a cash crunch at LeEco was “far worse than expected.” He previously said the group, whose businesses include telephones, television sets and cars, expanded too quickly from its video-streaming beginnings 13 years ago.


Jia’s resignation is the latest development in a week of turmoil Andy Isabella Womens Jersey , with asset managers seeking to pull investment after a Shanghai court granted China Merchant Bank Co Ltd’s request to freeze US$182 million in assets due to late interest payments.


“Given LeEco’s current state, in order to protect fund safety, we have asked our fund manager to pause new investment and will seek to hasten our exit from invested projects,” Noah Holdings Ltd said in on Wednesday.


Hengyu Tianze, known as 1314 fund Byron Murphy Womens Jersey , also on Wednesday said it had asked to redeem convertible bonds in a LeEco unit several times since March.


Investors were also spooked after it emerged that China’s national enterprise credit information publicity system showed Jia relinquished his role as LeEco’s legal representative last month in favor of another executive, Wu Meng.


“Resigning as chief executive of LeEco’s listed company and many other roles is all aimed at making the FF91 go into production and hit the market as soon as possible,” Jia said yesterday, referring to a luxury car model.


NEW DELHI, June 28 (Xinhua) -- A global ransomware attack has hit India's largest container port in Mumbai and affected operations at one of the three terminals at Jawaharlal Nehru Port Trust (JNPT) Kyler Murray Womens Jersey , officials said Wednesday.


The systems were hit Tuesday night as a fallout of the ransomware attack called Petya, which reportedly caused disruptions at several central banks and many large corporations in Europe and the United States.


A local news agency quoted a JNPT official as saying that the operations at Gateway Terminals India (GTI) have come to a standstill due to the malware attack.


The current attacks came weeks after malware named Wanna Cry Ransomware affected systems across the globe, taking down computer systems, locking up critical data and demanding bitcoins as ransom for its release.


In India, 102 computer systems of the Andhra Pradesh police were hacked and a Nissan Renault car production plant in Chennai (Tamil Nadu) was halted because of the Wanna Cry Ransomware attack last month.


Following the attack Haason Reddick Womens Jersey , India's federal government advised officers working in sensitive and strategic fields to use stand-alone computers to avert ransomeware attacks.


Ransomware, a type of malicious software, blocks access to victim's data or threatens to publish or delete it until ransom is paid.


China fully capable of delivering 2017 growth goals: premier


Summer Davos Forum opens in Dalian, NE China


Senior Ukrainian intelligence officer killed in car blast in Kiev


NY subway derailed with 30-plus injured


China, Kyrgyzstan hold anti-terror drill in Xinjiang


In pics: woodblock movable type printing in C China


Muslims celebrate Eid al-Fitr worldwide


Plane Pull fundraising campaign held in Vancouver Christian Kirk Womens Jersey , Canada


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